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To: goldsnow who wrote (43958)10/26/1999 6:05:00 PM
From: Bobby Yellin  Respond to of 116797
 
at first I thought you were talking about the central bankers who
for all we know might be helping the English before their next auction
or hurting the BOE before their upcoming auction..
-re Bob..I think I heard that he is also involved in some poverty work.. if so ..talk about sitting on a fence sort of
again..it appears until confidence is lost in fiat money.. gold investors are at the mercy of the biggest insiders on this planet



To: goldsnow who wrote (43958)10/27/1999 6:30:00 AM
From: Bobby Yellin  Read Replies (1) | Respond to of 116797
 
biz.yahoo.com
this just defies logic..I wonder how much the BOE has cost England with their gold sales..
are they coming or going or just spinning?- at this point with the
bizarreness being exhibited..who would want to trade gold right now..
but on other hand,if these morons are ruling the world..gold looks fantastic for the long term..
"Analysts see the UK as being worried about the fate of Commonwealth member country Ghana, whose largest gold producer
Ashanti Goldfields Co Ltd has been hit hard through its hedge book position by September's unexpected gold price rise.

Ashanti, whose derivatives book was designed to protect against a fall in the gold price, was plunged into a loss of US$570 million
when gold reached $325 an ounce. Now it benefits from the falling price.

''In saving Ashanti Gold Mines, it (Britain) saves the Ghanaian economy. It doesn't want Ghana...to fall over, because otherwise it's
going to have to finance its recovery,'' Goode said.

This increased pressure on the Bank of England to push the price of gold down, he said."